Tag: Coking Coal Prices
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Coking Coal Prices Continue to Depict Rising Trend, Implying No Respite for Buyers
Coking Coal prices will remain at highs at least during the remaining months of 2016. The recent contract price of USD 200/MT FoB Australia, agreed between the Japanese steel major—Nippon Steel and Sumitomo Metal Corporation—and the global energy major—Peabody Energy—for the fourth quarter of 2016 will rule out any moderation of the spot prices for…